1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Supa

Supa

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BlackRock Arrives on the Crypto Scene
Hello everyone,
It is currently 9:00 am CST and 2:00 PM UTC. The price of Bitcoin is $6600, with trading volumes leveling around 4.8 billion USD. Bitcoin is up nearly 4% over the course of the past 24 hours and trading volumes bounced significantly off of 36 week lows.

We are pleased by this move in thhat it shows higher lows being printed over the course of the past two weeks. Taking into account current price action, it looks as if $5700-$5900 has held again, at least in the short-term.
The inverted head and shoulders pattern is being further validated by the rise in $BTC. The chart points to targets around the $7600-$7800 price level, but first, it must take out the daily bearish order block at $6840. We are waiting for this signal before using our sidelined fiat and closing our short hedge positions. If Bitcoin can break that $6840 mark, we believe that this will provide an opportunity for substantial growth in the overall crypto market during the next few weeks.

Major entities, from IBM to Intel, have openly expressed their admiration for the underlying technology of cryptocurrency: Blockchain technology. They have structured partnerships and invested millions of dollars to improve their standing in the Blockchain space. IBM, for example, just signed a near-billion-dollar-deal with the Australian government to enhance the development and use of Blockchain technology across the country and beyond. Intel, some time last month, announced its partnership with Enigma - which is bound to advance Enigma’s mission, cryptocurrency adoption, and greater utilization of Blockchain technology globally.

Yesterday, tremendous news broke concerning one of, if not the, largest financial entities on earth. BlackRock, a $6.3 trillion-dollar investment company, stated it has opened its doors to Bitcoin research. As such, BlackRock has designed a global team to investigate the cryptocurrency market and Blockchain technology. Their findings will determine whether BlackRock should invest in Bitcoin futures.
Click to expand...

Some of the biggest companies in the world and trillion dollars investment firms are getting on board but crypto is a scam:mjlol:
 
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